Which of the following statements pertaining to acquiescence and nonacquiescence is not true?
A) Acquiescence means the IRS will follow the decision of the court in cases.
B) An announcement of nonacquiescence would prevent a taxpayer with similar circumstances from following that court decision.
C) The IRS may issue an acquiescence or nonacquiescence to opinions of the Tax Court and other federal court decisions.
D) An announcement of acquiescence may be withdrawn, modified or reversed.
Correct Answer:
Verified
Q28: What body prepares a compromise version of
Q29: Tax regulations are first issued in
A)Proposed form
B)Revised
Q30: The Internal Revenue Service is a branch
Q31: Title 26 of the U.S. Code includes
I.Bankruptcy
Q32: Which of the following is generally accorded
Q34: Which of the following authorities can help
Q35: What body oversees the operation and administration
Q36: Which of the following sources of tax
Q37: If the House and the Senate both
Q38: The IRS may acquiesce or nonacquiesce to
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